A broken clock is right twice a day. For the rest of the time some people can read the time by natures indicators. In the case of LYC the indicators I read are that the company have sound fundamentals, is well managed generally but has finance problems which are the same as those faced by many others at this point in time. It is not in a serious position which will call in the recievers, it has sufficient finance to get through this period. The management have halted construction so that it will not run into serious financial problems. They are acting sensibly. It will eventually finance the project and LYC will be a great earner for its shareholders in the future. I am happy that the present situation has given me an opportunity to increase my holding at a bargain price.
- Forums
- ASX - By Stock
- LYC
- another write up
another write up , page-12
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.38 |
Change
0.080(1.27%) |
Mkt cap ! $5.888B |
Open | High | Low | Value | Volume |
$6.33 | $6.42 | $6.33 | $1.448M | 227.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2322 | $6.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.39 | 7084 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1625 | 6.380 |
15 | 9096 | 6.370 |
13 | 52367 | 6.360 |
10 | 16373 | 6.350 |
12 | 37705 | 6.340 |
Price($) | Vol. | No. |
---|---|---|
6.390 | 7734 | 11 |
6.400 | 49373 | 15 |
6.410 | 27687 | 11 |
6.420 | 24793 | 12 |
6.430 | 4674 | 3 |
Last trade - 10.36am 20/08/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |